Iowa LLC: Key Data, Fees & Features
Your complete overview of $Iowa LLC costs, pros & cons, and key regulations. Make an informed decision with our up-to-date data.
State Filing Fee
$50
Processing Time
1-1 days
Annual Report Fee
$30
Anonymous LLC
No
Publication
No
Advantages
- Liability protection
- Tax options
- Flexibility in business structure
Disadvantages
Franchise Tax & State Requirements
Biennial report due every two years
By default, LLCs in Iowa are taxed as pass-through entities. LLC profits made in Iowa are also subject to the federal self-employment income tax rate. In addition, LLCs in Iowa have the option to elect to be taxed as an S-Corp or C-Corp instead.
Frequently Asked Questions
Transparency & Data Sources
This review was last updated on $August 19, 2025 to ensure accuracy.